WEC
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2.50% 4.1¢ white energy company limited

"The disposal by CoAL of all shares and intercompany loan...

  1. PimpMyStock
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    03/12/13
    20:56
    Post #: 12653305
    "The disposal by CoAL of all shares and intercompany loan accounts in NuCoal Mining Proprietary Limited (the “Woestalleen Complex”) to Blue Falcon 212 Trading Proprietary Limited for R80 million (US$7.9 million) in cash."

    http://www.coalofafrica.com/investors-and-media/corporate-publications/2013/cza-update-on-non-core-assets-sale-02-dec-2013.pdf


    "Blue Falcon 212 Trading Proprietary Limited" sounds like a shell company for a special purpose. Time will tell.
    WEC Price at posting: 22.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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